Loan Officer Jobs in British Columbia

A Loan Officer plays a pivotal role in the banking industry, as they are primarily responsible for evaluating, authorizing, and recommending approval of loan applications for individuals and businesses. They mostly serve as intermediaries between lending institutions and borrowers. They review loan applications to determine the borrower's ability to repay the loan, assess and mitigate potential risks, and guide clients through the application process until the loan is approved and disbursed. Therefore, they assist the banking industry in maintaining a solid client base and promoting financial products and services.

Loan Officers must possess a blend of analytical and interpersonal skills. The ability to analyze financial data to assess the likelihood of a borrower repaying their loan is critical. Additionally, strong communication and customer service skills are needed to explain complex information to clients and build strong relationships. Relevant certification, such as the Mortgage Loan Officer (MLO) license, is often required. Prior roles that may pave the way for a career as a Loan Officer include roles such as Loan Processor, Financial Analyst, or Credit Analyst. These roles provide the necessary experience and understanding of financial products, lending procedures, and risk assessment necessary for a Loan Officer's role.

1-15 of 33 Jobs

Financial Services Representative (Branch 15) (12-Month Contract)

  • Vancouver, BC
  • 2 days ago
  • Vancouver, BC
  • 2 days ago

About Vancity Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and...

Financial Services Representative

  • Golden, BC
  • 2 days ago
  • Golden, BC
  • 2 days ago

Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...

Financial Services Representative II

  • Coquitlam, BC
  • 4 days ago
  • Coquitlam, BC
  • 4 days ago

Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...

Mortgage Specialist

  • New Westminster, BC
  • 4 days ago
  • New Westminster, BC
  • 4 days ago

Application Deadline: 04/29/2025 Address: 66 Tenth Street, Suite 120 Job Family Group: Retail Banking Sales & Service Join BMO imagine the possibilities....

About Vancity Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and...

Mobile Mortgage Specialist

  • Richmond, BC
  • 5 days ago
  • Richmond, BC
  • 5 days ago

lending industry, and economic trends Proactively obtain expert knowledge of TD mortgage lending products and sound knowledge of products Ensure customer problems are handled professionally, escalating...

About Vancity Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and...

Financial Services Representative (BCGEU) - Branch 17

  • Burnaby, BC
  • 6 days ago
  • Burnaby, BC
  • 6 days ago

About Vancity Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and...

About Vancity Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and...

Retail Lending Officer (Casual) - Dealer Finance Centre, Automotive Finance (British Columbia) Multiple Casual positions available Contributes to the overall success of the Retail Lending Department...

Financial Services Representative (BCGEU) - Branch 61 (18-month contract)

  • New Westminster, BC
  • 8 days ago
  • New Westminster, BC
  • 8 days ago

About Vancity Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and...

Financial Services Representative (BCGEU) - Branch 34

  • Abbotsford, BC
  • 9 days ago
  • Abbotsford, BC
  • 9 days ago

About Vancity Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and...

Mortgage Specialist - Vancouver West Market

  • Vancouver, BC
  • 12 days ago
  • Vancouver, BC
  • 12 days ago

lender Strong knowledge of the mortgage origination business and home financing products Excellent presentation and organizational skills Whats in it for you?...

About Vancity Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and...

Mortgage Specialists Assistant

  • Abbotsford, BC
  • 15 days ago
  • Abbotsford, BC
  • 15 days ago

Job Summary Job Description *Looking for Punjabi language skills *Credit experience is an asset *This role does require the candidate to be 'in market/Abbotsford' for various daily/weekly...

Loan Officer Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Loan Officer Mortage: (Prep Test)
The Practice Exam is designed to closely replicate the true exam experience in terms of the degree of difficulty, format, and topics covered. the questions are designed to help you learn faster...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
How to Become a Police Officer in England and Wales
Currently, policing is unrepresentative of the society it represents. To correct that, its vital that underrepresented and disadvantaged groups can learn about policing and consider their options...

Title Synonyms

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Salary for Loan Officer Jobs in British Columbia

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Loan Officer positions.



Highest Education Level

Loan Officers in British Columbia offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in British Columbia
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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